U.S. Treasury Secretary Janet Yellen told G20 officials that Washington had dropped the Trump administration's proposal to let some companies opt out of new global digital tax rules, U.S. and European officials said on Friday, raising hopes for an agreement by summer.
The growing footprint in New York of major tech companies like Amazon.com Inc, Facebook Inc and Alphabet Inc's Google has given property owners and brokers hope that once the coronavirus has been conquered demand for office space will quickly return to pre-pandemic levels.
Greece's Yannis Stournaras became the first European Central Bank policymaker on Friday to openly call for increasing the pace of ECB bond purchases to stem a rise in borrowing costs.
SINGAPORE: The COVID-19 pandemic may have hit the economy, battered some industries and disrupted livelihoods, but Singapore has an economic strategy to emerge stronger, Deputy Prime Minister Heng Swee Keat said in Parliament on Friday (Feb 26). He noted that the Government committed close to S ...
Bots on major social media platforms have been hyping up GameStop and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven trading frenzy.
The City of London's finance industry would be worse off than rival New York under an early draft for a cooperation agreement in financial services between Britain and the European Union, a document, seen by Reuters, showed.
KUALA LUMPUR: Malaysian banking group AMMB Holdings Berhad (AmBank) said on Friday (Feb 26) it will pay RM2.83 billion (US$699 million) to settle claims linked to a massive financial scandal at state fund 1MDB, a hefty payment that is expected to have a material impact on the group's earnings ...
A senior Democratic lawmaker said there is a growing appetite for a new federal cybersecurity breach notification law in the wake of a sprawling series of digital intrusions blamed on the Russian government.
British businesswoman Amanda Staveley has lost a long and bitter London court battle against Barclays over whether she is owed damages after alleging she was deceived while negotiating a financial lifeline for the bank in 2008.
Volkswagen expects deliveries, revenues and margins to rebound strongly this year as the coronavirus pandemic eases, after an almost halving in profits in 2020 that was still better than the German carmaker originally expected.
